Application in Form No. PF III-1 duly filled in and signed by the applicant.

Proof of identity, namely, photocopy of election identity card, passport, driving licence or PAN card.

One guarantor and proof of identity namely, photocopy of election identity card, passport, driving licence or PAN card.

2 recent colour/black & white photographs of the applicant.

Sufficient number of post-dated cheques for payment of future instalments.

Latest land-tax receipt either in the name of hirer or borrower.

Photocopies of the bank passbook containing the address portion and the most recent transactions.

Post dated cheques shall be drawn on the bank account appearing in the bank statement/ passbook produced.

Cheques shall be drawn on a scheduled commercial bank and the concerned account shall not be a Non Resident Account.

A quotation or proforma invoice issued by the dealer of the assets to be financed, showing separately tax and insurance.

Photocopy of the land title-deed if any in the name of the hirer/ borrower/ guarantor.

Application in Form No. PF III-1

Proof of identity namely photocopy of election identity card, passport, driving licence or PAN card of the applicant/guarantor.

One guarantor and proof of identity namely, photocopy of election identity card, passport, driving licence or PAN card.

2 recent colour/black & white photographs.

Sufficient number of post-dated cheques for payment of future instalments.

Latest land-tax receipt either in the name of hirer or guarantor.

Photocopies of the bank passbook containing the address portion and the most recent transactions.

Post-dated cheques shall be drawn on the bank account appearing in the bank statement/ passbook produced.

Cheques shall be drawn on a scheduled commercial bank and the concerned account shall not be a Non Resident Account.

Copy of RC book & Insurance certificate and one set of keys of the vehicle. Original to be produced and will be returned after endorsement in favour of Manappuram.

Photocopy of the land title-deed, if any, in the name of the hirer/borrower.

Valuation report of proposed vehicle from a valuer approved by the company.

Application in Form No. PF III-1

2 recent colour/black & white photographs.

Sufficient number of post-dated cheques for payment of future instalments.

Photo-copy of the land title-deed if any in the name of the hirer/borrower.

Application in Form No. PF III-1

Proof of identity namely photocopy of election identity card, passport, driving licence or PAN card.

One guarantor and proof of identity namely, photocopy of election identity card, passport, driving licence or PAN card.

2 recent colour/black & white photographs.

Sufficient number of post-dated cheques for payment of future instalments.

Latest land-tax receipt either in the name of hirer or borrower.

Photo-copies of the bank passbook containing the address portion and the most recent transactions.

Post-dated cheques shall be drawn on the bank account appearing in the bank statement/ passbook produced.

Cheques shall be drawn on a scheduled commercial bank and the concerned account shall not be a Non Resident Account.

Copy of RC book, Insurance certificate & one set of keys. Original RC Book and Insurance certificate to be produced, which will be returned after endorsement in favour of Manappuram.

Photocopy of the land title-deed, if any, in the name of the hirer/borrower.

Valuation report of proposed vehicle from a valuer approved by the company.

Application in Form No. PF III-1

Proof of identity, namely, photocopy of election identity card, passport, driving licence or PAN card.

2 recent colour/black & white photographs.

Sufficient number of post-dated cheques for payment of future instalments.

Latest land-tax receipt either in the name of hirer or guarantor.

Photocopies of the bank passbook containing the address portion and the most recent transactions.

Post-dated cheques shall be drawn on the bank account appearing in the bank statement/ passbook produced.

Cheques shall be drawn on a scheduled commercial bank and the concerned account shall not be a Non Resident Account.

The original policy duly assigned in the name of the company along with surrender value certificate issued by the insurer.

Photo copy of the land title deed if any in the name of the hirer/borrower.

An application form duly filled in and signed by the applicant.

Required quantity of jewels of at least 87% purity.

Proof of identity, namely, photo copy of election identity card, passport, driving licence or PAN card.

Business loan is sanctioned to existing small business enterprises for meeting working capital requirement based on repayment capacity.

For sanction of business loan, the following documents are required:-

Guarantor.One respectable and credit worthy guarantor.

Post-dated cheques for payment of future instalments.

Loan agreement.

Manappuram shall give notice to the borrower of any changes in terms and conditions including disbursement schedule, interest rate, service charges if and when applicable.

All changes in interest rate, service charges shall be only prospective in effect.

the hirer, if being a Limited Company passes a resolution for voluntary winding up or has petition for winding - up presented against it or if a Receiver is appointed for administration of its undertakings.

Pledges or sells or assigns or attempts to pledge or sell or assign or part with possession of or otherwise alienates or transfers the vehicle.

does or suffers any act or thing whereby or in consequence of which the said vehicle may be distrained or taken execution under legal process, or by any public authority.

Breaks or fails to perform or observe any conditions on his part , then and on the occurrence of any such event, the rights of Hirer under this Loan Agreement shall forthwith stand determined if so fact without any notice to hirer and all the instalments previously paid by the hirer shall be absolutely forfeited to the owner who shall thereupon be entitled to enter any house or place where the said vehicle may then be, remove and retake possession of the same and to sue for the balance amount of the instalment due and specified under the Agreement and for damages for the breach of the Agreement and for all costs of retaking possession of the said vehicle and all costs occasioned by the hirer?s default for realisation of the amount due to them and the Owner shall also be entitled to sell the vehicle if, in the event of the said, there is any deficiency in respect of the amount due to them, the Owner will also be entitled to proceed against the hirer and guarantor jointly and severally for the recovery of such deficiency.

The hirer shall repay to the Owner on demand all expenses, legal and other charges incurred by the owner in ascertaining whereabouts of the hirer of the vehicle or in taking steps to resume possession of the vehicle or in applying for or enforcing payment of any sums payable by the hirer to the owner under this Agreement including in the case of an inspection of the vehicle by the owner at a time when the hirer is in default under this Agreement the traveling expenses of the owner or their agents or any other person employed by them, from their office to and from the place of inspection and also the expenses for realization of cheques issued by the hirer towards the amount due under this agreement

If default be made in payment of any instalment of the hire amount due under this Agreement the hirer shall pay to the owner additional financial charges at the rate of thirty-six percent per annum on the amount from time to time in arrears until payment thereof or determination of this Agreement under the terms herein, but this clauses shall not in way prejudice the owners right under the Agreement to repossess or retake possession of the vehicle or to determine the hiring of the Agreement or otherwise.

In the event of the owner repossessing the vehicle under any of the circumstances stated supra, the hirer may request the owner to revive the contract and apply for re-delivery of the vehicle and such request may be entertained by the owner upon such terms and conditions as they think fit and proper circumstances.
For exercising the right to repossess the vehicle, the company shall issue a registered notice to the borrower giving 7 clear days to comply.

In case of default of one instalment, the company personnel will visit the hirer and collect the payment for which the hirer /borrower will be debited with the traveling expenses for the visit as per Terms of the Loan Agreement.

In case of default of two instalments, both the customer and the guarantor will be visited by the company personnel and over dues will be collected for which the hirer /borrower will be debited with the traveling expenses for the visit as per Terms of the Loan Agreement.

In case of default of three instalments , a registered letter will be sent to the hirer asking him to surrender the assets for which an amount of Rs.50/- will be debited to the hirer as postage expenses.

If the vehicle is not surrendered by the hirer inspite of the registered letter, the company will initiate action to repossess the assets as per terms of the contract and in consonance with the law.

In case of default even after expiry of contract period, the company personnel will visit the customer and the guarantor and collect the payment for which the hirer /borrower will be debited with the traveling expenses for the visit as per Terms of the Loan Agreement.

If the account is not settled within 30 days after the expiry of the contract, the assets will be repossessed as per the terms of the contract

The repossessed assets will be sold by auction, if not claimed by the hirer after payment of overdue within the time specified by the company for realizing the company dues.

In case the proceeds collected by auction of the assets is not sufficient to meet the overdues to the company, the company shall initiate suitable legal action against the hirer and the guarantor for recovering the dues as per terms of the contract and in consonance with the law.

The excess amount collected by auction over and above the dues payable by the hirer to the company will be paid to the hirer.